Bitcoin ETFs Surge to New Heights as Cryptocurrency Investment Demand Soars

Cryptocurrency investment demand is soaring in the early months of 2023, reaching new highs with a surge of $6.7 billion over the past four weeks alone. US Bitcoin ETFs have hit a record-breaking peak of $62.9 billion, highlighting the growing interest in these products. The surge marks Blackrock’s iShares Bitcoin ETF’s continued dominance within the sector, with an impressive $8.1 billion net inflow in just one week.